297 Morris Street
Greater Sudbury, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
- 116 days on market
Excellent investment opportunity in the heart of Greater Sudbury! Welcome to 297 Morris St, ideally located minutes from Downtown Sudbury, Bell Park, Ramsey Lake, Health Sciences North, Laurentian University, shopping, schools, restaurants, transit, VIA rail and major amenities. Positioned near Sudbury's ongoing $200M+ downtown revitalization and infrastructure investments, this area continues to see strong growth, redevelopment, and increasing housing demand. Situated in a strong rental market driven by healthcare, education, mining, and economic expansion, this property offers excellent long-term upside. Approx. $900+ monthly positive cash flow makes this a rare opportunity for investors, house hackers, or primary home buyers looking to offset mortgage costs with rental income. Property also offers potential to further increase cash flow with basement development opportunity, featuring sufficient basement ceiling height for future possibilities (buyer to verify intended use). Convenient central location close to parks, trails, entertainment, and employment hubs. Great opportunity to own in one of Northern Ontario's growing and resilient real estate markets!
Listing Details
- Taxes (2026)
- $3,357
- Originally Listed
- $460,000
- Listed
- May 20, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free, Separate Hydro Meter, Water Heater, Water Heater Owned, Water Meter
- Lot Size
- 42.58 x 70 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Elgin/Morris St
- Parcel Number
- 735840867
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- 2 X Stove, 2 X fridge, Dryer, washer, Hot water tank-owned, heating and related equipments.
- Exclusions
- All tenants' belongings
- Rental Items
- None
Schools
Elementary
- École publique Jeanne-Sauvé0.4 km
French public · CS public du Grand Nord de l'Ontario · 110 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Alexander Public School0.7 km
Public · Rainbow DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% met the provincial standard
- Marymount Elementary Academy1.4 km
Catholic · Sudbury CDSB · 190 students
Secondary
- École Cap sur l'Avenir0.9 km
French public · CS public du Grand Nord de l'Ontario
- N'Swakamok Anishinawbek Kinomaadwin Gamig1.4 km
Public · Rainbow DSB
- Marymount Academy Catholic School1.4 km
Catholic · Sudbury CDSB · 220 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P3B
- Population
- 16,434
- Private dwellings
- 8,194
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Greater Sudbury · last 12 months
- Median sold price
- $660,101
- Homes sold
- 67
- Median days on market
- 22
- Sale-to-list price
- 98.3%
Based on 67 recorded sales of residential freehold properties in Greater Sudbury over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $280/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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